By Adriano Marchese
Shares in Canada edged slightly higher mid-trading Thursday as retail, producer manufacturing and consumer services sector gains were offset by weakness in the energy, health tech and tech services sectors. Shares in Taseko Mines Ltd. fell after it said that production at its majority-owned Gibraltar mine in British Columbia has been affected by severe rainstorms in the province in the fourth quarter.
At midday, Canada's S&P/TSX Composite Index was up 0.11% at 21418.37. The blue-chip S&P/TSX 60 rose 0.08% to 1301.39.
Taseko Mines shares fell 5.1% to C$2.60 after it reported extreme snowfall and low temperatures also affected mine equipment and mill availabilities, resulting in decreased mill throughput and a need to draw ore from lower grade stockpiles.
Other market movers:
Corus Entertainment Inc. shares rose by 3% to C$5.12 after reporting a rise in first-quarter revenue rose, surpassing its pre-pandemic levels as its television segment beat expectations.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
01-13-22 1220ET
